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PRESS Release - for immediate release
1.24.13

FYI
 
Global Sales Agreement between Kleenspeed Technologies & Leo Motors
 

WHEN : January 15, 2013

WHAT :  KleenSpeed Technologies & Leo Motors Announce Global Sales Agreement

WHO : Tim Collins, CEO KleenSpeed and John Lee, CEO and Chairman Leo Motors

WHERE : Leo Motors HQ, Seoul, Korea

KleenSpeed Technologies and Leo Motors announce a global sales agreement to jointly represent and sell their products and services.

 

The Sales Agent Agreement was signed on January 15, 2013 by Timothy Collins CEO & President of KleenSpeed Technologies, Inc. and John Lee CEO & Chairman of Leo Motors at the Leo Motors HQ near Seoul Korea. KleenSpeed will focus on the Americas and Leo Motors will cover Asian markets.

 

Both KleenSpeed and Leo Motors have proprietary technology and unique products in the energy storage, battery management and EV technology segments and complementary product lines. The Sales Agreement will help both companies open global markets by offering customers a broader range of stationary energy storage solutions, battery management systems and electric vehicle components and systems.
 

Key industries for the application of products and technology are: Solar, Wind, Marine, Aircraft, Telecom, Electric Vehicle, Military, Commercial and Industrial.

 

" We are very excited to partner with Leo Motors and anticipate the synergy of our technologies and products will broaden our access to global markets and significantly increase revenue and sales for KleenSpeed in 2013.  We feel the Leo E-Box technology - with a complete system in one package - is very attractive for solar, wind and UPS (uninterruptible power solutions)."

 

* Tim Collins, CEO KleenSpeed Technologies

 

ABOUT KleenSpeed Technologies� : www.kleenspeed.com

KleenSpeed Technologies was founded in 2007 by Timothy Collins, a technology visionary with a career of success in tech businesses and investment banking. KleenSpeed is committed to accelerating the transition to "Smart" energy by developing leading-edge products for the New Energy future and the construction of "Smart" Grid systems. KleenSpeed is focused on research and development of the disruptive technologies that will lead to new products to enable capitalization of the New Energy Frontier. In 2012 the company announced its first commercial product, the GenESSys™ 40 kWh Energy Storage System for multiple applications requiring high capacity storage, which is currently undergoing development for production.KleenSpeed's GenESSys™ 40 kWh battery is now being showcased and tested in an automotive application in the KleenSpeed World KAR concept vehicle.The GenESSys™ is also suited for use by utilities, corporations and home owners for energy storage, standby power and peak/load balancing applications in both primary and second life applications.
   

ABOUT Leo Motors : www.leomotors.com

Leo Motors is a public U.S. company based near Seoul, Korea.  It engages in the development, manufacture, and sale of energy storage systems, battery management systems and electric vehicle (EV) power trains and components.  Recent product developments include the E-Box, a Solar E-Battery Smart Lithium solution which contains all components except the solar collectors, and an E-Battery Lithium package that is scalable to a range of kilowatt hour ratings and can be used as a UPS charged by solar or the grid.  Both of these systems have excellent global market potential and a wide range of current and future applications.  Leo Motors has developed many original EV power trains and has converted many models of existing internal combustion engine (ICE) vehicles into EVs, including scooters, motorcycles, highway speed sedans, buses and trucks.   The company has also developed a Zinc Air Fuel Cell Generator (ZAFCG), which will free EVs from range limits with zero emissions.  

 

Special Note Concerning Forward-Looking Statements

This release contains statements that may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. These statements regard the intent, belief, and expectations of the Company. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance, they involve risks and uncertainties, and their results may differ materially.
 
KleenSpeed Technologies

NASA AMES Research Center

Building 554 Cody Road 

Moffett Field  CA  94035

 

650 996.2601

   

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For Further information Please Contact :

KleenSpeed Public Relations

Dean Seven, In the MIX Media

415-601-2118

[email protected]